MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0112957
Citco Shared Services (India) Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹129.4 Cr
▲ 23% YoY
Net profit · FY 2025
₹15.05 Cr
Net margin 11.6%
EBITDA · FY 2025
₹21.57 Cr
EBITDA margin 16.7%
Authorised capital
₹33.3 Cr
Registered with MCA
Paid-up capital
₹9.59 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
439
Provident fund records
Directors on board
3
As per MCA filings
About Citco Shared Services (India) Private Limited
Data last updated:
Citco Shared Services (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Citco (Uk) Limited. It operates in the business process outsourcing sector. It was incorporated on 09 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC285735. Its GSTIN is 27AAGCC6792C1ZJ (Maharashtra).
The company has an authorised share capital of ₹33.3 Cr and a paid-up capital of ₹9.59 Cr. It is led by directors including Amit Verma and Laura Claire Davey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 1201 1301 12th And 13th Floor Cignus Building Passpoli Village Plot No. 71A Powai, Mumbai, Maharashtra, India – 400087.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.4 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹15.05 Cr (net margin 11.6%) and EBITDA of ₹21.57 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company has about 439 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Citco. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017. The company has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers.
Citco Shared Services (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0112957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citco.com.
Company Details of Citco Shared Services (India) Private Limited
CIN U74999MH2016PTC285735
Registration Number 285735
Incorporation Date 09 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Citco (Uk) Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0112957
Recognitions & Rankings of Citco Shared Services (India)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No 1201 1301 12th And 13th Floor Cignus Building Passpoli Village Plot No. 71A Powai, Mumbai, Maharashtra, India – 400087
- IndustryBusiness Outsourcing, Business Process Outsourcing
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Business Activity
The main business activity of Citco Shared Services (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Citco Shared Services (India) Private Limited
FY 2025 filings availableCitco Shared Services (India) Private Limited reported revenue of ₹129.4 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹129.4 Cr ▲ 23%
Net profit · FY 2025
₹15.05 Cr margin 11.6%
EBITDA · FY 2025
₹21.57 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 26%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 23% growth in the latest year. EBITDA rose 68% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹21.57 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹15.05 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 16.7% | |
| Net Profit Margin | 11.6% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Citco Shared Services (India) are in the company report.
: available in the company report
Board of Directors of Citco Shared Services (India) Private Limited
Citco Shared Services (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Verma | Director | 31 Aug 2023 | 3 Years 1 Months | Current |
| Laura Claire Davey Also directs: Citco Group Services (India) LLP | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Glenn Raymond Hassett | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Auditor Details
Citco Shared Services (India) Private Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins and Sells LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Citco Shared Services (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Citco Shared Services (India) Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017.
Total deals
4
Funding rounds
2
Secondary share transfer
1
Rights issue
1
Disclosed funding
₹8.72 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Funding round | ₹1.61 Cr | Investors: Citco (UK) Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Citco (UK) Limited Seller: 2 individuals |
| Mar 2017 | Funding round | ₹7.1 Cr | Investors: Citco (UK) Limited |
| Feb 2017 | Rights issue | ₹99 Lakh | Investors: Citco (UK) Limited, Citco London Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays
Citco Shared Services (India) Private Limited has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aditya Facility Services Private Limited | •••• | •••• | •••• |
| Giriraj Mobility Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Acma Computers Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Citco Shared Services (India) Private Limited has a workforce of 439 employees as of Apr 02, 2024.
Employee count
439
Active EPFO establishments
1
Employee growth
17.38%
: available in the company report
Recent Activity
Citco Shared Services (India) Private Limited has 11 board changes on record since 2016: 3 appointments and 8 cessations. The latest: Amit Verma ceased to be Additional Director on 06 Sep 2023.
AGM
Citco Shared Services (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Citco Shared Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Amit Verma ceased to be Additional Director.
Ceased
Laura Claire Davey ceased to be Additional Director.
Appointed
Amit Verma was appointed as Director.
Ceased
Girish Shankarram Iyer ceased to be Director.
Appointed
Laura Claire Davey was appointed as Director.
Ceased
Nicholas James Braham ceased to be Director.
Ceased
James Christopher Brunner ceased to be Director.
Ceased
Mitil Rajnikant Chokshi ceased to be Director.
Ceased
Jayesh Bipinchandra Kadakia ceased to be Director.
Ceased
Mukesh Desai Kanaiyalal ceased to be Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Citco Shared Services (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC6792C1ZJ | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Citco Shared Services (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC285735.
Citco Shared Services (India) has 3 current directors:
- Amit Verma - Director
- Laura Claire Davey - Director
- Glenn Raymond Hassett - Director
The latest financial statements of Citco Shared Services (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Citco Shared Services (India) is 27AAGCC6792C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citco Shared Services (India) is U74999MH2016PTC285735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citco Shared Services (India) was incorporated on 09 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Citco Shared Services (India) has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017.
Amit Verma ceased to be Additional Director on 06 Sep 2023. Laura Claire Davey ceased to be Additional Director on 06 Sep 2023. Amit Verma was appointed as Director on 31 Aug 2023. Citco Shared Services (India) has 11 board changes on record in total.
Yes, Citco Shared Services (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0112957).
Citco Shared Services (India) has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Citco Shared Services (India) can be reached through the website citco.com. Its registered office is in Mumbai, Maharashtra, India.